Coronavirus News
Some U.S. Salons, Gyms, Offices Requiring Coronavirus Liability Waivers Before Entering
As U.S. businesses reopen after weeks of pandemic lockdowns, many have been posting coronavirus disclaimers or requiring employees and patrons to sign waivers before entering. From hair salons and ...
Public-Private Pandemic Risk Financing Plan Advances in UK
UK insurance executives have taken another step toward developing a public-private risk-financing mechanism for future pandemics with the creation of working groups to take the idea from the drawing ...
Hurricane Season Could Create More Stress for Pandemic-Hit Insurers
The official start of the Atlantic hurricane season on Monday could signal more steep losses for insurers and reinsurers, already battered by the impact of the coronavirus pandemic on their ...
Hurricanes and Coronavirus ‘Not a Good Mix,’ KCC Warns
"Hurricanes and COVID-19 are not a good mix," says catastrophe modeling firm Karen Clark & Co. in a new Event Brief, warning that the pandemic will make what forecasters already predict to be an ...
Business Interrupted: Why Insurers Are on the Hook for COVID-19
If you own business Interruption insurance, and your business gets interrupted by COVID-19, the income you lose must be covered by your policy, right? Not exactly, as people across the country are ...
Allianz and Generali Plan to Sell Life Insurance Assets: Sources
Two of Europe's largest insurers are gearing up to sell billions of euros in life assets—a niche corner of dealmaking keeping bankers busy amid the coronavirus pandemic. Allianz SE is planning to ...
McDonald’s Workers Use Public Nuisance Legal Strategy in Class Action
As U.S. businesses reopen, worried workers and their advocates are borrowing a legal strategy commonly used to shut down rowdy topless bars to try and force employers to strengthen protection against ...
AIR Worldwide: Global COVID-19 Deaths Could Reach 644,000 in June
Over the next four weeks, the number of global COVID-19 cases could reach 50 million, with 644,000 estimated deaths, according to AIR Worldwide, Verisk's catastrophe modeling unit. As of May 19, ...